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BankingMedium impactAfter close

Citi maintains buy on RBL Bank with 30% upside

after close1 source ↓written by the desknot a recommendation

price target
₹390 per share
from Tuesday's close
30% upside
is acquiring
60% stake
₹26,850 cr

Brokerage firm Citi has retained a 'Buy' rating on RBL Bank, setting a price target of ₹390 per share, indicating a potential 30% upside from Tuesday's close. While growth opportunities are noted, Citi warns of persistent card stress, with elevated slippages expected to remain for another three to four quarters. The bank's cost of funds may ease, aided by equity augmentation and a possible credit rating upgrade following the merger with Emirates NBD Bank, which is acquiring a 60% stake for ₹26,850 cr.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 17 Dec 2025, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

RBLBANK closed +0.6% on the day of the news, from ₹296.95 to ₹298.75; Nifty 0.0% over the same session; futures OI +0.1%.

Bulletin at 16:03 IST on 17 Dec 2025. Every change is measured from ₹296.95, the last close before it, on 17 Dec. Nifty 50 is measured over the same sessions.

  • RBLBANK close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
RBLBANK closes around the bulletin against the close before the news, with Nifty 50 rebased to it262.50296.95331.40axis spans 26%before the news · 17 Dec296.95Nifty 50RBLBANKbulletinD0+1+3+511 Dec23 Dec2 JanFutures open interest, lotspeak 25,000Reference close ₹296.95. 16 sessions from 11 Dec to 2 Jan; the price axis spans 26 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before17 Dec₹296.95basebase
On the day18 Dec₹298.75▲ +0.6%0.0%+0.6 pp difference
+1 session19 Dec₹300.25▲ +1.1%▲ +0.6%+0.5 pp difference
+3 sessions23 Dec₹303.60▲ +2.2%▲ +1.4%+0.8 pp difference
+5 sessions26 Dec₹303.25▲ +2.1%▲ +0.9%+1.3 pp difference
Gap at the open, % · ₹
▲ +0.1%+0.45 on 18 Dec
Day's range, % · ₹
2.5%≈ 7.5 high to low
Volume on the day
0.66×the 20-session average
Futures OI on the day
▲ +0.1%+33 lots · long build-up · price +0.6%
Futures OI open, lots
24,00018 Dec · 30 Dec expiry
Futures premium, ₹
+0.30+0.1% to spot
Puts per call, by OI
0.60from 0.59 the session before
Max pain
305from 305 the session before

Source NSE UDiFF bhavcopy · RBLBANK on the desk →

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